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Industrials & Aerospace

Toro Executive Compensation (FY25)

TTC · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Richard Olson
Latest say-on-pay support
=
March 17, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 1, 2026Latest filing (8-K): March 20, 2026
15 filings cited on this page
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336 figures on this page: 325 cited to the filing that reported them, 11 calculated from figures it prints. See the citations

More on Toro

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Richard Olson: $8,278,439 → $8,436,478 (1.9% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Toro's chief executive and what were they paid?
Richard Olson, Chairman of the Board and Chief Executive Officer, received $8,436,478 in total compensation for fiscal 2025. Compared with the $8,278,439 reported for fiscal 2024, Olson's total was 1.9% higher.
What was Toro's say-on-pay result?
Shareholders supported the say-on-pay proposal with 93.6% of votes cast including abstentions in favor at the meeting held March 17, 2026 for fiscal 2025.
What is Toro's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 112:1, against median employee compensation of $75,652.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard Olson
Chairman of the Board, President and Chief Executive Officer
◇—◇◇◇—◇◇
Kevin Carpenter
Vice President, Global Operations and Integrated Supply Chain
◇◇◇◇◇—◇◇
Renee Peterson
Former Vice President and Chief Financial Officer
◇—◇◇◇—◇◇
Richard Rodier
Former Group Vice President, Construction Businesses
◇—◇◇◇—◇◇
Amy Dahl
Vice President, International
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard Olson
Chairman of the Board, President and Chief Executive Officer
◇—◇◇◇—◇◇
Renee Peterson
Former Vice President and Chief Financial Officer
Departed during or after this year
◇—◇◇◇—◇◇
Angela Drake
Vice President, and Chief Financial Officer
◇—◇◇◇—◇◇
Joanna Totsky
Vice President, General Counsel and Corporate Secretary 7
◇◇◇—◇—◇◇
Amy Dahl
Vice President, International
◇—◇◇◇—◇◇
Richard Rodier
Former Group Vice President, Construction Businesses
Departed during or after this year
◇—◇◇◇—◇◇
Gregory Janey
Group Vice President, Landscapes & Contractor 8
◇—◇◇◇—◇◇
Kevin Carpenter
Vice President, Global Operations and Integrated Supply Chain
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard Olson
Chairman of the Board, President and Chief Executive Officer
◇—◇◇◇—◇◇
Angela Drake
Vice President, and Chief Financial Officer 7
◇—◇◇◇—◇◇
Kevin Carpenter
Vice President, Global Operations and Integrated Supply Chain
◇—◇◇◇—◇◇
Amy Dahl
Vice President, International
◇—◇◇◇—◇◇
Joanna Totsky
Vice President, General Counsel and Corporate Secretary 7
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard Olson
Chairman of the Board and Chief Executive Officer
◇—◇◇◇—◇◇
Edric Funk
President and Chief Operating Officer
◇—◇◇◇—◇◇
Peter Moeller
Group Vice President, Underground and Specialty Construction + International
◇—◇◇◇—◇◇
Gregory Janey
Group Vice President, Landscapes and Contractor
◇—◇◇◇—◇◇
Angela Drake
Vice President and Chief Financial Officer
◇—◇◇◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Angela C. DrakePSU◇◇◇—◇—◇
Angela C. DrakeOPTION◇——◇—◇◇
Edric C. FunkPSU◇◇◇—◇—◇
Edric C. FunkOPTION◇——◇—◇◇
Edric C. FunkRSU◇——◇——◇
Gregory S. JaneyRSU◇——◇——◇
Gregory S. JaneyOPTION◇——◇—◇◇
Gregory S. JaneyPSU◇◇◇—◇—◇
Peter D. MoellerRSU◇——◇——◇
Peter D. MoellerPSU◇◇◇—◇—◇
Peter D. MoellerOPTION◇——◇—◇◇
Richard M. OlsonOPTION◇——◇—◇◇
Richard M. OlsonPSU◇◇◇—◇—◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Richard OlsonRSU◇◇——
RSU◇◇——
Peter MoellerRSU◇◇——
RSU◇◇——
RSU◇◇——
Gregory JaneyRSU◇◇——
RSU◇◇——
RSU◇◇——
Edric FunkRSU◇◇——
RSU◇◇——
RSU◇◇——
Angela DrakeRSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Angela Drake
Vice President and Chief Financial Officer · Change-in-control agreement
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Edric Funk
President and Chief Operating Officer · Change-in-control agreement
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Gregory Janey
Group Vice President, Landscapes and Contractor · Change-in-control agreement
Severance multiple◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Peter Moeller
Group Vice President, Underground and Specialty Construction + International · Change-in-control agreement
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Clawback◇
Richard Olson
Chairman of the Board and Chief Executive Officer · Change-in-control agreement
Severance multiple◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Clawback◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gary L. Ellis
Lead independent director
◇◇◇———◇
Jill M. Pemberton
◇◇◇———◇
James C. O'Rourke
◇◇◇——◇◇
Jeffrey L. Harmening
◇◇◇———◇
D. Christian Koch
◇◇◇———◇
Dianne C. Craig
◇◇◇———◇
Eric P. Hansotia
◇◇◇———◇
Joyce A. Mullen
◇◇◇———◇
Richard M. Olson served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Stock ownership guideline: Non-Employee Directors ... 5x annual board retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025March 17, 2026=◇◇◇
2024March 18, 2025=◇◇◇
2023March 19, 2024=◇◇◇
2022March 21, 2023=◇◇◇
2021March 15, 2022=◇◇◇
2020March 16, 2021=◇◇◇
2019March 17, 2020=◇◇◇
2018March 19, 2019=◇◇◇
2017March 20, 2018=◇◇◇
2016March 21, 2017=◇◇◇
2015March 15, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Richard Olson (Chairman of the Board and Chief Executive Officer), FY2025 total compensation $8,436,478 (base salary $1,239,816) [exec_comp, SEC accession 0001628280-26-004993, filed 2026-02-03]

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What this page does not include

Everything above is a fact Toro disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
336 figures on this page: 325 cited to the filing that reported them, 11 calculated from figures it prints.
325 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001628280-26-019979
  2. 0001628280-26-004993
    Director Compensation for Fiscal 2025 · Grants of Plan-Based Awards for Fiscal 2025 · Non-Employee Director Compensation · Outstanding Equity Awards at Fiscal Year-End for 2025 · and 2 more sections
  3. 0000737758-25-000041
  4. 0000737758-25-000014
    Summary Compensation Table
  5. 0000737758-24-000027
  6. 0000737758-24-000014
    Summary Compensation Table
  7. 0001140361-23-013078
  8. 0001564590-22-010675
  9. 0001564590-21-014058
  10. 0001564590-20-011611
  11. 0001564590-19-008652
  12. 0000737758-18-000010
  13. 0000737758-17-000015
  14. 0001193125-16-508620
  15. 0000950123-11-004529
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Toro executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/TTC (accessed 2026).
Short form: data: Velarion

The paid brief for Toro

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$500 for the Executive Compensation Report. Both reports for $900.
Get the executive briefGet the board briefNo account needed.
15 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Industrials & Aerospace rankings

Chief executive pay — Industrials & AerospaceCEO pay ratio — Industrials & AerospaceSay-on-pay support — Industrials & Aerospace

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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